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photo 0: 117 Kirby Avenue, Lackawanna NY 14218
photo 1 : 117 Kirby Avenue, Lackawanna NY 14218
photo 2 : 117 Kirby Avenue, Lackawanna NY 14218

Active

117 Kirby Avenue, Lackawanna NY 14218

MLS# B1721756

$259,900

Price

5

Beds

-

Baths


8,287

Living Area (Sq.Ft.)

0.43

Lot Area (Acres)

**FIVE-UNIT INVESTMENT OPPORTUNITY WITH PLENTY OF POTENTIAL!** Welcome to 117 Kirby Avenue in Lackawanna, NY! Whether you're beginning your real estate investment journey or looking to expand an established rental portfolio, this substantial multifamily property offers an opportunity to build long-term value. <br> <br>Featuring approximately 8,287 square feet on a generous 0.43-acre corner lot, the property consists of five apartments: one 4-bedroom, 1-bath unit, three 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, providing a total of 11 bedrooms and 5 bathrooms. This versatile unit mix offers a variety of rental configurations within one property. <br> <br>The building features spacious living areas, individual kitchens and bathrooms, and a combination of interior finishes and original character throughout. A full basement and driveway provide additional functionality, while the property's considerable size presents opportunities for cosmetic improvements and future upgrades. <br> <br>For those entering the investment market, this property offers the opportunity to establish a five-unit rental portfolio with a single purchase. Experienced investors will appreciate the number of units, substantial square footage, and potential to improve rental appeal and long-term value. <br> <br>Conveniently situated near Electric Avenue with access to shopping, restaurants, public transportation, and major roadways. Whether your goal is to establish rental income, renovate and reposition a property, or continue growing your portfolio, **117 Kirby Avenue offers the space, flexibility, and opportunity to make it happen!**

Status

Active

Property Type

MultiFamily

Property Sub Type

Other

Year Built

1900

Parcel Number

140900-142-620-0007-009-100

Unit Number

--

Subdivision Name

Buffalo Crk Reservation

Lot Features

Irregular Lot

Levels

Two

Lot Size Dimensions

133X140

Stories

2

Community Features

None

Property Condition

Resale

Elementary School District

Lackawanna

Middle Or Junior School District

Lackawanna

High School District

Lackawanna

Location

Listing Agent

John C Brady

Listing Office

Gurney Becker & Bourne

Owner Name

--

Owner Phone

--

Possession

Closing,RentalAgreement

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional, Rehab Financing

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-10-12

Tenant Pays

AllUtilities

Gross Income

41000

Net Operating Income

11385

Fire Places Total

0

Flooring

Hardwood, Varies

Heating

true

Heating Features

Gas, Radiant

Appliances

Appliances Negotiable, Gas Water Heater, See Remarks

Garage

true

Garage Spaces

1

Exterior Features

Blacktop Driveway

Water Source

Connected, Public

Sewer

Connected

Roof

Asphalt

Utilities

Electricity Connected, Sewer Connected, Water Connected

Parking Features

Three Or More Spaces, Garage

Basement

Full

Construction Materials

Shake Siding

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